The United States, the European Union, and many other jurisdictions require businesses to implement strict policies and controls to prevent money laundering, terrorist financing, and the evasion of trade sanctions. To comply, businesses must enact “Know Your Customer” (KYC) processes to help employees identify suspicious activities. Businesses must also train their employees on how to comply with relevant laws and internal policies. Businesses and their employees who knowingly or unknowingly violate these laws can face severe civil and criminal penalties.
Instead of providing generic training, employers can customize this training by including:
At a modest cost, Clear Law can also modify the training to include scenarios that directly relate to the actual issues your employees may face. Using “green screen” type technology, Clear Law is able to quickly and inexpensively change actors and backgrounds to create employer-specific scenarios.
Clear Law can provide this training in multiple languages as needed.
Using a variety of interactive scenarios and learning exercises, Clear Law’s online Anti-Money Laundering Training explores the nuances of the following topics:
Prohibited Actions
Know Your Customer (KYC) and Suspicious Activity Reporting
KYC Process
When the KYC Process Must be Used
Reporting Concerns
Policy Review Exercise
Unlike most training providers, Clear Law Institute ensures that its training is accessible to users with disabilities as required by the Americans with Disabilities Act. Clear Law's training meets not only Section 508 requirements but also the strict requirements of the Web Content Accessibility Guidelines (WCAG) 2.1 Level AA Success Criteria.
Unlike most training providers, Clear Law Institute is a full-service compliance company with attorneys on staff. In addition to providing legally accurate and up-to-date training, we are available to review your current anti-money laundering policy to ensure that it complies with relevant laws and best practices.
